Stock Market Slowdown Hits Real Estate: Will Home Prices Drop?

• Sluggish stock market and investor caution are impacting the mid-income and premium housing segments in India.
• Home sales have decelerated post-COVID recovery, with developers like Signature Global missing sales targets.
• Brokerage firm Nomura Securities predicts significant pre-sales drops for major developers like DLF and Oberoi Realty.
• The slowdown is particularly evident in markets like Gurugram, where prices have surged, raising affordability concerns.
• Direct price cuts are unlikely due to high construction costs, but developers offer incentives and flexible payment options.

Why It Matters: Stock market volatility is slowing real estate, especially in premium segments, leading to developer strategy adjustments.